Cedar Mill, Oregon Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Cedar Mill, Oregon rental market.
Cedar Mill, Oregon
Average Apartment Rent
$1,772
Y-o-Y Change in Average
Apartment Rent
-3%
As of May 2026
Compared to a year ago, Cedar Mill, Oregon apartments have recorded a -3% rent decrease.
Cedar Mill, Oregon Average apartment rent trend
Cedar Mill, Oregon Average Apartment Rent
Cedar Mill, Oregon Apartment rent ranges
At 73.19%, apartments priced $1,500 - $2,000 represent the bulk of Cedar Mill, Oregon rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.92%.
Cedar Mill, Oregon Housing tenure**
Renters take up 24% of Cedar Mill, Oregon real estate, occupying a total of 1,559 units, while homeowners live in 4,996 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$60,563
Average household size of renter-occupied housing units**
2.19
Rental vacancy rate**
2.5%
Cedar Mill, Oregon Renter-occupied housing units by no. of bedrooms**
There are 903 rentals in Cedar Mill, Oregon with 2 beds making up the highest share of the market, at 58%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 98 units. Overall, the median number of rooms in Cedar Mill, Oregon homes for rent is 4.1.
Cedar Mill, Oregon Renter-occupied units by age of householder**
Most condos for rent in Cedar Mill, Oregon are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Cedar Mill, Oregon Renter-occupied housing units by family type**
Cedar Mill, Oregon Renter-occupied housing units by the presence of own children**
A total of 799 apartments for rent in Cedar Mill, Oregon, or 51% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 415 units. All in all, the median size of a renter-occupied household in Cedar Mill, Oregon is 2.19.
Cedar Mill, Oregon Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 43% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Cedar Mill, Oregon.
Cedar Mill, Oregon Renter-occupied units by year structure built**
The highest share of Cedar Mill, Oregon apartment rentals, namely 28% or 440 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (20%, 307 units), and the ones Built 2010 - 2019 (17%, 261 units).
Cedar Mill, Oregon Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Cedar Mill, Oregon renters (54%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Cedar Mill, Oregon condos for rent is 2017.
Cedar Mill, Oregon Renter-occupied housing units by vehicles available**
When it comes to transportation options, 43% of Cedar Mill, Oregon renters have 2 vehicles available per household, 33% of them have 1 vehicle available, and 17% have No vehicle available.
Cedar Mill, Oregon Means of transportation to work of householders living in renter-occupied housing units**
Cedar Mill, Oregon Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cedar Mill, Oregon apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
